# MORGAN STANLEY (MS) FY2025 Annual Balance Sheet

- Company: MORGAN STANLEY (MS)
- Period: As of 2025-12-31
- Filing: FY2025 10-K, filed 2026-02-19, accession number 0000895421-26-000086
- Page: https://plicit.ai/financials/ms/fy2025-annual-balance-sheet
- Chart image: https://plicit.ai/charts/ms-fy2025-annual-balance-sheet-sankey.png

## Chart details

Balance sheet as of 2025-12-31. The chart shows assets, liabilities and equity at that date.

- **Assets**: 1,420,270,000,000 US dollars
- **Liabilities**: 1,307,618,000,000 US dollars
- **Equity**: 112,652,000,000 US dollars
- **Noncontrolling interest**: 1,020,000,000 US dollars. Included in consolidated equity; this amount is not added again.
- **Trading assets at fair value ($213,269 and $148,945 were pledged to various parties)**: 428,276,000,000 US dollars
- **Held for investment (net of allowance for credit losses of $1,132 and $1,066)**: 268,720,000,000 US dollars
- **Securities borrowed**: 151,908,000,000 US dollars
- **Securities purchased under agreements to resell (includes $— and $— at fair value)**: 120,243,000,000 US dollars
- **Customer and other receivables**: 114,720,000,000 US dollars
- **Cash and cash equivalents**: 111,695,000,000 US dollars
- **Available-for-sale at fair value (amortized cost of $112,522 and $101,960)**: 110,466,000,000 US dollars
- **Held-to-maturity (fair value of $45,615 and $51,203)**: 53,090,000,000 US dollars
- **Other assets**: 29,042,000,000 US dollars
- **Goodwill**: 16,726,000,000 US dollars
- **Held for sale**: 9,374,000,000 US dollars
- **Intangible assets (net of accumulated amortization of $1,882 and $5,445)**: 6,010,000,000 US dollars
- **Deposits (includes $8,755 and $6,499 at fair value)**: 415,523,000,000 US dollars
- **Borrowings (includes $132,479 and $103,332 at fair value)**: 348,935,000,000 US dollars
- **Customer and other payables**: 226,519,000,000 US dollars
- **Trading liabilities at fair value**: 169,569,000,000 US dollars
- **Securities sold under agreements to repurchase (includes $696 and $956 at fair value)**: 78,539,000,000 US dollars
- **Other liabilities and accrued expenses**: 29,620,000,000 US dollars
- **Other secured financings (includes $16,871 and $14,088 at fair value)**: 21,603,000,000 US dollars
- **Securities loaned**: 17,310,000,000 US dollars
- **Retained earnings**: 115,091,000,000 US dollars
- **Additional paid-in capital**: 31,153,000,000 US dollars
- **Preferred stock**: 9,750,000,000 US dollars
- **Employee stock trusts**: 5,154,000,000 US dollars
- **Common stock**: 20,000,000 US dollars
- **Noncontrolling interests**: 1,020,000,000 US dollars
- **Common stock held in treasury at cost, $0.01 par value (456,059,842 and 432,240,273 shares)**: negative 38,097,000,000 US dollars
- **Accumulated other comprehensive income (loss)**: negative 6,285,000,000 US dollars
- **Common stock issued to employee stock trusts**: negative 5,154,000,000 US dollars
- **Gross equity (calculated)**: 162,188,000,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

### Chart connections

- Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
- Treasury shares and other negative equity contributions reduce equity.